/biz/ - Business & Finance

how high we going by the end of the month, OPTIchads?

>>22023916
TSM might honestly be perfect for my mean reversion strategy instead of AMD, idk yet. they're like a better version of Gold. they crab because they're solid as a rock fundamentally but don't really have any hype catalysts any time soon or any new hype products or any sort of cult status like TSLA, AAPL, AMD, etc. so i might start buying 2+ StdDev on a rolling 5 day period on them and selling half at the mean with the ultimate target being 2 StdDev above the mean.

they're basically not going to be under any crazy speculation any time soon but they're also basically guaranteed not to ever dump too much due to their fundamentals and importance to the semiconductor industry. let me know if im wrong on any of this shit btw before i start mean reversion trading them alongside AMD. when is their Q3 earnings scheduled for btw? around that time i might build up a final dip buying position and hold through it and sell after before beginning the process again, same for Q4. i look at them as more of a safe investment than a growth investment like AMD. less volatility but more safety in the upwards trajectory in the foreseeable future.